This document provides a clear explanation of the Quarterly Return Monthly Payment (QRMP) scheme under GST, designed for registered persons with an aggregate turnover up to Rs 5 Crores. It details the eligibility criteria, new monthly compliance requirements including the optional Invoice Furnishing Facility (IFF) and monthly GST payments, and the process for exercising the option. The guide also outlines existing return filing deadlines on a quarterly basis, making it a useful resource for small businesses looking to simplify their GST procedures.